Here are year-over-year price changes in the Denver area from the S&P/Case Schiller Home Prices Index report for recent years:
- August 2014: Up 6.3 percent, index 156.17.
- July 2014: Up 6.7 percent, index 155.36.
- June 2014: Up 7.7 percent, index 154.39.
- May 2014: Up 8.2 percent, index 152.58.
- April 2014: Up 8.9 percent, index 150.59.
- March 2014: Up 9.1 percent, index 148.20.
- February 2014: Up 9.1 percent, index 146.13.
- January 2014: Up 9.0 percent, index 146.21.
- December 2013: Up 9.0 percent, index 146.26.
- November 2013: Up 8.9 percent, index 146.45.
- October 2013: Up 9.5 percent, index 146.78.
- September 2013: Up 9.9 percent, index 147.3.
- August 2013: Up 10.1 percent, index 146.95.
- July 2013: Up 9.7 percent, index 145.63.
- June 2013: Up 9.4 percent, index 143.37.
- May 2013: Up 9.7 percent, index 140.98.
- April 2013: Up 9.9 percent, index 138.28.
- March 2013: Up 9.8 percent, index 135.79.
- February 2013: Up 9.9 percent, index 133.90.
- January 2013: Up 9.2 percent, index 134.17.
- December 2012: Up 8.5 percent, index 134.14
- November 2012: Up 7.8 percent, index 134.5.
- October 2012: Up 6.9 percent, index 134.03.
- September 2012: Up 6.7 percent, index 134.01.
- August 2012: Up 5.5 percent, index 133.48.
- July 2012: Up 5.4 percent, index 132.79.
- June 2012: Up 4.0 percent, index 131.06.
- May 2012: Up 3.7 percent, index 128.48.
- April 2012: Up 2.8 percent, index 125.81.
- March 2012: Up 2.6 percent, index 123.66.
- February 2012: Up 0.5 percent, index 121.81.
- January 2012: Up 0.2 percent, index 122.92.
- December 2011: Down 0.4 percent, index 123.62.
- November 2011: Down 0.2 percent, index 124.79.
- October 2011: Down 0.9 percent, index 125.38.
- September 2011: Down 1.5 percent, index 125.57.
- August 2011: Down 1.6 percent, index 126.48.
- July 2011: Down 2.1 percent, index 125.98.
- June 2011: Down 2.5 percent, index 125.97.
- May 2011: Down 3.3 percent, index 123.94.
- April 2011: Down 4.1 percent, index 122.32.
- March 2011: Down 3.8 percent, index 120.56.
- February 2011: Down 2.6 percent, index 121.26.
- January 2011: Down 2.3 percent, index 122.73.
- December 2010: Down 2.4 percent, index 124.10.
- November 2010: Down 2.5 percent, index 125.02.
- October 2010: Down 1.8 percent, index 126.58.
- September 2010: Down 1.6 percent, index 127.33.
- August 2010: Down 1.2 percent, index 128.57.
- July 2010: Down 0.1 percent, index 128.72.
*Before October 2009, Denver saw 36 straight months of year-over-year price declines, peaking at a 5.7 percent drop in February 2009 from the year before.
What does this mean? Sellers it's STILL an amazing time to sell!